NEW YORK — Friday, August 10, 2018 marked 50 years of trading on the New York Stock Exchange for Rollins, Inc.
To celebrate the occasion, R. Randall Rollins, Chairman of the Board, and Henry B. Tippie, Lead Director, participated in The Closing Bell ceremony, making NYSE history of being the only two directors present for a company's initial listing and its 50th anniversary. The NYSE also honored the men by inducting them into the NYSE Hall of Innovation for their remarkable impact on the industry.
In honor of this event, the company hosted an Analyst Day and an exhibit in Experience Square, located outside the NYSE. The exhibit featured a replica of the bicycle used for transportation during World War II due to gasoline regulations, as well as a replica of a wagon from the same era that the company used to advertise. Several other brand representatives made appearances at the events, including the Northwest Mouse, and Tess, a bed bug-sniffing dog from Western Pest Services.
"This is a great achievement for us. We are proud of our heritage, including remaining at the forefront of the pest control service industry since acquiring Orkin in 1964,” said Rollins.
The 204th longest listed company on the NYSE, Rollins, Inc. has achieved many meaningful milestones in the past 50 years related to acquisitions, franchise expansion and training.
Acquisitions
In 1964, Rollins Broadcasting acquired Orkin for $62.4 million with reported sales of $37 million. In fiscal 1969, Rollins reported revenues of $106.3 million. At the end of fiscal 2017, the Company reported revenues of $1.7 billion.
In 1999, Orkin acquired Canada's leading pest control company, PCO Services, now Orkin Canada.
Since that time, the company has become the parent of 18 leading pest control brands providing termite and pest control services to commercial and residential customers worldwide.
Franchise Expansion
In 1995, Orkin established its domestic franchise program, and in 2000, Orkin launched its first international franchise. Today, Orkin has 84 international franchises represented in 55 countries.
Training Excellence
In 2001, the Rollins Learning Center was developed. Its state-of-the-art interactive distance learning system reaches employees worldwide. In 2017, Training magazine recognized Rollins, Inc. for the 12th time for the quality, commitment and investment in training its employees.
Since 1968, Rollins, Inc. has grown from a few U.S. operations to a premier global consumer and commercial services company with more than 700 operations in 55 countries.
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